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Charlotte, North Carolina Mortgage and Housing Information

Population: 540,828
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Charlotte, North Carolina and the U.S.
U.S.North CarolinaCharlotte
Median home value
in year 2006
$185,200$137,200$164,300

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.North CarolinaCharlotte
With a mortgage$1,402$1,144$1,337
Without a mortgage$399$317$397

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Charlotte (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage29,94618.7%
First Mortgage Only85,15453.0%
Second Mortgage and/or Home Equity Loan45,45528.3%
Total160,555100%

Tenancy in Charlotte

How many people in Charlotte live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes160,555
Renter-occupied homes105,213
Homes for sale3,155
Homes for rent10,709
Total293,954

Age of Charlotte Residents

Median age for males and females (2000).
Males 31
Females 33

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.North CarolinaCharlotte
Median Earnings$27,239$25,197$28,095
Median Earnings, Males$32,396$29,826$31,501
Median Earnings, Females$22,097$20,945$25,244

Males earn $6,257 (24.8%) more than Females in Charlotte.

Commuting in Charlotte

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo218,194
Carpooled37,639
Public Transit8,969
Bicycle417
Walking4,269
Other Means2,167
Total, Commuted271,655
Worked from home8,873
Total280,528

Time Spent Commuting in Charlotte

Time spent commuting in Charlotte
Time spent in minutesNumber of People
Less than 54,701
5-919,998
10-1435,960
15-1946,567
20-2449,251
25-2920,153
30-3447,038
35-397,595
40-449,442
45-5917,408
60-898,192
Over 905,350

Education

Level of higher education for people over 25 years in Charlotte (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College33,84316.7%45,51222.5%
Associate Degree13,9416.9%19,3319.6%
Bachelor's Degree50,66625.1%53,94926.7%
Master's Degree17,9848.9%20,0679.9%
Professional Degree6,2943.1%3,8551.9%
Doctorate Degree2,7981.4%1,7600.9%
Total (at least some college)125,52662.1%144,47465.9%
Total over 25202,133100%219,165100%

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